Welcome to our dedicated page for Benitec Biopharm news (Ticker: BNTC), a resource for investors and traders seeking the latest updates and insights on Benitec Biopharm stock.
Benitec Biopharma Inc. (BNTC) is a clinical-stage biotechnology leader advancing novel genetic medicines through its patented DNA-directed RNA interference (ddRNAi) technology. This page provides investors and industry professionals with essential updates on the company’s therapeutic developments, strategic partnerships, and scientific milestones.
Access authoritative information on Benitec’s Silence and Replace platform progress, including clinical trial results for conditions like Oculopharyngeal Muscular Dystrophy. Stay informed about regulatory filings, intellectual property expansions, and collaborative research initiatives through verified press releases and official announcements.
Key updates include progress reports on lead candidate BB-301, licensing agreements supporting platform commercialization, and peer-reviewed data validating the company’s gene-silencing approach. All content is sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to Benitec’sopharma’s latest developments in genetic medicine. Check regularly for real-time updates on pipeline advancements and strategic decisions shaping the future of one-shot genetic therapies.
Benitec Biopharma (NASDAQ: BNTC) reported its financial results for the second fiscal quarter ending December 31, 2022. Revenue decreased to $14,000 from $25,000 year-over-year, while operating expenses rose to $5.6 million. Research and development expenses specifically for its OPMD project increased to $3.8 million. Notably, the first patient has been enrolled in the BB-301 clinical development program aimed at treating Oculopharyngeal Muscular Dystrophy (OPMD). The company anticipates interim clinical results in 2023 following a six-month observational study and subsequent dosing of BB-301.
Benitec Biopharma Inc. (NASDAQ: BNTC) has announced the enrollment of its first patient into the natural history phase of its BB-301 clinical development program targeted at oculopharyngeal muscular dystrophy (OPMD). This six-month pre-treatment observation phase aims to evaluate baseline patient conditions before proceeding with the Phase 1b/2a treatment study scheduled for 2023. CEO Jerel A. Banks stated that high enrollment interest has been reported, marking a significant milestone for the Company's clinical development goals. The NH Study will utilize various quantitative radiographic measures to assess dysphagia progression in OPMD patients.
Benitec Biopharma Inc. (NASDAQ: BNTC) announced its Fiscal Year First Quarter financial results for the period ending September 30, 2022. The company reported a net loss of $5.1 million, or $0.47 per share, an improvement from a net loss of $5.0 million, or $0.62 per share, in the same quarter last year. Total revenues remained at $0. Total expenses decreased to $4.6 million from $4.8 million. Significant progress was made in the Oculopharyngeal Muscular Dystrophy (OPMD) Natural History Study, with subject screening set to start in November 2022. The company anticipates initiating its BB-301 treatment study in 2023.
Benitec Biopharma Inc. (Nasdaq: BNTC) has successfully closed a public offering of 29,809,471 shares of common stock at a price of $0.60 each, along with warrants to purchase an equal number of shares. The offering generated approximately $17.9 million prior to expenses. The proceeds will be used for the clinical development of BB-301, including various studies, and to advance other product candidates, as well as for general corporate purposes. JMP Securities acted as the sole book-running manager for this offering.
Benitec Biopharma (BNTC) has priced an underwritten public offering of 29,809,471 shares of its common stock, including pre-funded warrants, and accompanying warrants at a combined price of $0.60 per share. The offering aims to raise approximately $17.9 million for clinical development of its product BB-301 and related growth activities, with expected closure on September 15, 2022. The warrants are exercisable upon increase in authorized shares, with an exercise price of $0.66, expiring five years from the initial exercise date.
Benitec Biopharma (NASDAQ: BNTC) reported financial results for FY 2022, ending June 30, 2022. Total revenues increased to $73,000, up from $59,000 in FY 2021, primarily due to higher licensing and royalty revenues. However, total expenses rose to $17.9 million, leading to a net loss of $18.2 million or $2.23 per share, compared to a net loss of $13.9 million or $3.23 per share the previous year. The company is advancing its gene therapy pipeline, particularly the BB-301 program for Oculopharyngeal Muscular Dystrophy, with clinical trials planned to start in 2023.
Benitec Biopharma Inc. (BNTC) reported its Q3 Fiscal Year 2022 financial results, showing total revenues of $48,000, a significant increase from $1,000 in Q3 2021. The company's operating expenses decreased to $3.5 million, down from $3.79 million in the previous year. Benitec is advancing its BB-301 clinical development program, with key milestones achieved, including the completion of necessary regulatory submissions in France. The first patients are expected to enroll in the BB-301 treatment study by April 2023, following a six-month observational period.
